Gold Hits Highest in Week Before U.S. Inflation Print

Gold climbs for third day as investors count down to U.S. inflation data for fresh clues on monetary tightening after Federal Reserve Chairman Jerome Powell suggested the central bank will push ahead with gradual interest-rate increases.

Bullion for immediate delivery as much as +0.3% to $1,333.91/oz, best mark since Feb. 6, before trading at $1,332.69 by 10:06am in Singapore, according to Bloomberg generic pricing.

In other precious metals, Silver +0.2% to $16.6066/oz, Platinum +0.3% to $977.50/oz and Palladium +0.3% to $991.60/oz.